Rowan Multifamily Advisors is pleased to present the exclusive listing of a ~5 AC development site in Mansfield, TX, fully planned and approved for 252 units. The site’s shovel-ready status materially compresses the path to construction and removes entitlement risk in a market where new approvals have become increasingly difficult to secure. With only one MF project actively under construction in Mansfield and two in the proposal pipeline, a delivery in the current cycle enters a supply-starved submarket supported by Mansfield’s growing population, high household incomes, and top-tier school district.
PROJECT HIGHLIGHTS
- Shovel-ready with 252 units fully approved — entitlement risk and soft cost already borne
- Only 1 MF project currently UC in Mansfield with 2 in proposal; delivery hits a supply-starved submarket
- 87k residents growing 2.3% annually toward projected 100k by 2028; $121k median HH income; Mansfield ISD anchor